News Overview

SBI Cards Payment Services announced that the Board of Directors of the Company at its meeting held on 22 March 2022 inter alia have recommended the interim dividend of Rs 25 per equity Share ie 25Percentage subject to the approval of the shareholders

MTAR has been declared L1 bidder for tenders floated by NPCIL for fuel transfer system of GHAVP 1 2 reactor and FM Bridge Carriage assemblies of Kaiga 5 6 GHAVP 3 4 nuclear reactors The combined value of the orders is approximately Rs 135 crore and purchase orders for the same are expected in Q1 FY23

Jindal Stainless announced that an Extra Ordinary General Meeting EGM of the Company will be held on 23 April 2022

The Board of CreditAccess Grameen at its meeting held on 23 March 2022 has approved the proposal to raise funds through public issue of non-convertible debentures in the domestic market up to Rs 1500 crore in tranches

Muzali Arts will hold a meeting of the Board of Directors of the Company on 26 March 2022

Dwarikesh Sugar Industries will hold a meeting of the Board of Directors of the Company on 29 March 2022

Godrej Agrovet has made additional investment aggregating to Rs25 crore in the Equity Share Capital of Godrej Maxxmilk GMPL wholly owned Subsidiary Company by way of subscription to Rights Issue and accordingly has been allotted 735295 Equity Shares of Face Value of Rs10 each of GMPL on 22 March 2022

IDFC First Bank announced that India Ratings Research Ind-Ra has enhanced the rated amount of Basel III Tier 2 Debt Instruments Bonds of IDFC FIRST Bank from Rs 2000 crore to Rs 5000 crore Ind-Ra has assigned IND AANegative ratingoutlook to the additional Tier 2 Bonds Rs 3000 crore while re-affirming the ratingoutlook of Rs 2000 crore Basel III Tier 2 Bonds Further Ind-Ra has […]

Ambition Mica will hold a meeting of the Board of Directors of the Company on 28 March 2022

Emami on Friday announced the acquisition of Dermicool, one of the leading brands in heat powder and cool talc category from Reckitt.